Frankfort-New York Savings

Improve your Frankfort Home’s Asking Price through Energy Savings

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Switching your windows to EnergyStar rated National Vinyl windows may increase the asking price of your home. As mentioned before, windows preserve most of their initial value especially given their long life expectancy. At a rate of 72.3% estimated for 2020 an average total window replacement job costing $17,925 would preserve $13,018 of its initial value.

Moreover, many buyers are willing to pay a premium for energy savings. Here we try to answer the question : What’s the return on investment on energy savings if you sell your home? Below is what we discovered in Frankfort:

Put differently, a window upgrade in Frankfort can add anywhere from 0.67% percent and 2.38 % percent to the asking price of your home by way of the energy efficiency premium buyers have shown a willingness to pay. Combined with the aforementioned +72.3% retained initial worth of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Frankfort homeowner is quite clear.

The variation between the range for Frankfort and Buffalo, which for reference, would yield a potential premium range of 0.65% percent and 0.86% percent respectively, can be estimated from a number of factors, particularly; the 0.28% percent difference in median home prices, a buyers’ propensity to pay more for energy savings at a given price range in the Utica-Rome region, and energy price differences between Frankfort and Buffalo.

The data presented is derived from EnergyStar, the NREL,Department of Energy and meticulous research done by the National Association of Homebuilders. Frankfort home value data is provided by Zillow.

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